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Tag: U.S. hotel performance

STR: Occupancy and Room Rates Inch Higher in the Final Week of July

July 2020
HENDERSONVILLE, Tenn. — U.S. hotel performance data for the week of July 26 through August 1, 2020, showed slightly higher occupancy and room rates from the previous week, according to STR. U.S. Hotel Industry KPIs July 26-Aug. 1, 2020 vs. July 28-Aug. 3, 2019   Occupancy: 48.9% (-34.5%) ADR: $100.04 (-25.3%) RevPAR: $48.96 (-51.1%) Compared to July 28 through August 3, 2019, occupancy declined 34.5 percent...

STR Data for July 19-25: Occupancy and Room Rates Up Slightly

July 2020
HENDERSONVILLE, Tenn.—U.S. hotel performance data for the week of July 19-25, 2020, showed slightly higher occupancy and room rates from the previous week, according to STR. U.S. Hotel Industry KPIs July 19-25, 2020 vs. July 21-27, 2019   Occupancy: 48.1% (-37.9%) ADR: $99.24 (-27.3%) RevPAR: $47.75 (-54.8%) Compared to the same week last year (July 21-27, 2019), occupancy declined 37.9 percent to 48.1 percent, average daily...

STR: U.S. Hotel Profits Dropped 116.9 Percent in April

Profit decline
BROOMFIELD, Colo. — U.S. hotel gross operating profit per available room (GOPPAR) fell 116.9 percent during April 2020, according to the latest monthly P&L data release from STR. April 2020 vs. April 2019   GOPPAR: -116.9% to -$17.98 TRevPAR: -92.9% to $17.39 EBIDTA PAR: -140.2% to -$32.30 LPAR: -72.8% to $20.80 In a year-over-year comparison with April 2019, the industry reported a 116.9 percent drop in...

STR: U.S. Hotel Occupancy at 35.4 Percent in Week Leading Up to Memorial Day

May 2020
HENDERSONVILLE, Tenn. — STR data for the week of May 17-23 showed another small rise from previous weeks in U.S. hotel performance. Year-over-year declines remained significant although not as severe as the levels recorded in April. U.S. Hotel Industry KPIs May 17-23, 2020 vs. May 19-25, 2019   Occupancy: -50.2% to 35.4% ADR: -39.7% to $80.92 RevPAR: -69.9% to $28.67 Year over year, occupancy dropped 50.2...

HotStats: U.S. Hotel Performance Hit a New Low in April

Downtown, Washington DC is empty during the COVID-16 global pandemic.
LONDON — In April 2020, U.S. hotel occupancy rates declined 73 percentage points from a year prior, average room rate dropped, and RevPAR fell 95.2 percent year-over-year (YOY) to a single-digit number, on a per-available-room basis, according to HotStats data. With virtually no ancillary revenue generated, including F&B revenue of below $1 per-available-room, TRevPAR decreased 95 percent YOY. While closed...